XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income    
Loans, including fees $ 17,497 $ 15,394
Investment securities:    
Taxable 566 649
Tax-exempt 281 333
Dividends 123 76
Other 126 53
Total interest income 18,593 16,505
Interest expense    
Deposits 2,632 1,807
Federal funds purchased and other short-term borrowings 15 92
Long-term debt 601 546
Total interest expense 3,248 2,445
Net interest income 15,345 14,060
Provision for loan losses 200 650
Net interest income after provision for loan losses 15,145 13,410
Noninterest income    
Trust and investment services fees 790 659
Income from mutual fund, annuity and insurance sales 314 211
Service charges on deposit accounts 1,103 970
Income from bank owned life insurance 241 272
Other income 326 280
Gain on sales of loans held for sale 443 289
Total noninterest income 3,217 2,681
Noninterest expense    
Personnel 7,812 6,736
Occupancy of premises, net 871 871
Furniture and equipment 814 695
Postage, stationery and supplies 172 165
Professional and legal 180 149
Marketing 408 336
FDIC insurance 168 153
Debit card processing 288 215
Charitable donations 1,509 666
Telecommunications 237 204
External data processing 447 395
Foreclosed real estate including provision for (recovery of) losses 9 (29)
Other 342 507
Total noninterest expense 13,257 11,063
Income before income taxes 5,105 5,028
Provision for income taxes 1,022 1,609
Net income $ 4,083 $ 3,419
Net income per share, basic $ 0.46 $ 0.39
Net income per share, diluted $ 0.45 $ 0.38